NOT LISTED FOR SALE
0.44 Acre
-- Price per Acre
19,200 Sq Ft Lot

Last Sold January 31, 2017

Last sale price $2,055,500

152 Days on Market

Highlights

  • 19,200 Sq Ft lot
  • Property is near a park
  • No HOA
  • Longfellow Elementary School Rated A-
  • Corner Lot
  • Landscaped

About This Lot

As of January 2017

Prime Corner Location in the heart of the affluent respected Bixby Knolls community of Long Beach,Ca. 90807, Seconds away from the Virginia Country Club and L.B. Memorial Hospital.The Structure is 6,300 Sq. Ft. and the Lot is 19,200 Sq.Ft. parking for 36 cars Plus there is ample street parking. There is a #47 Liquor License also Available. Atlantic Ave. is a major artery of Bixby Knolls that connects to the 405 and 710 freeways.The location has been a family owned and operated Italian Restaurant "Nino's Since 1958" Over 58 years! (The family owns the property as well) This is an excellent location for a variety of businesses,Retail,Bank,Office Building,Restaurant,Medical Building Ect. The building has 3 addresses 3849,3851 and 3853 Atlantic, The parking lot is 3855 Atlantic. Ass. parcel #'s 7139-004-001 and 7139-004-002. 2 Kitchens,5 Bathrooms,Storage Rooms and A Garage As Well. I myself grew up in the Bixby Knolls area and the neighborhood is as warm and friendly as it was 50 years ago.

Last Agent to Sell the Property

Michael Cristiano

Coldwell Banker Realty License #00849359 Listed on: 07/29/2016

Last Buyer's Agent

Michael Cristiano

Coldwell Banker Realty License #00849359 Listed on: 07/29/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $35,810

Lot Details

  • 0.44 Acre Lot
  • Property fronts an alley
  • Wrought Iron Fence
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Back and Side Yard Sprinklers
  • 7139004001
  • Property is zoned LBCNP

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • 220 Volts
  • 220 Volts in Kitchen
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7139004002

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$35,810

Lot Details

0

Listing Details

  • Current Use Comments: Restaurant
  • Other Phone Description: 562-889-6852
  • Other Phone Number: 562-433-7462
  • Possible Use Comments: Retail,Office,Bank
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Bixby Knolls (BK)
  • View: No
  • Zoning: LBCNP
  • Property Type: Land
  • Parcel Number: 7139004002
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 107.06

Exterior Features

  • Fencing: Wrought Iron

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Sewer Available, Phone Connected
  • Sprinklers: Yes
  • Electric: 220 Volts in Kitchen, 220 Volts, Electricity - On Property
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 7139004001
  • Land Lease: No
  • Lot Features: Level, Landscaped, Rectangular Lot, Level with Street, Lot 10000-19999 Sqft, Park Nearby, Corner Lot, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Near Public Transit, Walkstreet
  • Lot Size Sq Ft: 19200.00
  • Price Per Lot Square Foot: 130.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2016
Closed on
Jan 3, 2017
Sold by
Cristiano Inge
Bought by
Tb Realty Llc
Seller's Agent
Michael Cristiano
Coldwell Banker Realty
Buyer's Agent
Michael Cristiano
Coldwell Banker Realty
List Price
$2,500,000
Sold Price
$2,055,500
Premium/Discount to List
-$444,500
-17.78%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tb Realty Llc $2,055,500 Fidelity Sherman Oaks
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $2,055,500 -17.8% --
12/28/2016 12/28/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $2,500,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $35,810 $2,610,883 $1,398,502 $1,212,381
2024 $35,810 $2,559,690 $1,371,081 $1,188,609
2023 $22,582 $1,500,370 $1,344,198 $156,172
2022 $21,247 $1,470,952 $1,317,842 $153,110
2021 $20,723 $1,442,110 $1,292,002 $150,108
2019 $20,422 $1,399,338 $671,058 $728,280
2018 $19,789 $1,371,900 $657,900 $714,000
2016 $2,753 $180,760 $92,139 $88,621
2015 $2,661 $178,045 $90,755 $87,290
2014 $2,664 $174,559 $88,978 $85,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16166961

California Regional Multiple Listing Service (CRMLS)

APN: 7139-004-002